Public Storage (PSA) Interest Coverage Ratio (2009 - 2026)
Public Storage's (PSA) Interest Coverage Ratio was 3.09 for Q3 2026, down 49.9% from 6.17 a year earlier and down 43.8% from the prior quarter.
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Analysis
Public Storage (PSA) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Public Storage's Interest Coverage Ratio came in at 5.26, down 27.5% year-over-year; for FY2025, it came in at 6.88, down 16.8% from FY2024.
- Interest Coverage Ratio has declined for three consecutive years.
- By year, Interest Coverage Ratio came in at 8.27 in FY2024 (-29.9%), 11.79 in FY2023 (-64.4%), 33.13 in FY2022 (+45.8%) and 22.72 in FY2021 (-37.5%).
- The Q3 2026 figure ranks as the lowest quarterly Interest Coverage Ratio in data going back to Q2 2009.
- Year over year, Interest Coverage Ratio has now declined in each of the last seven quarters, with an average decline of 15.8% over the last eight quarters.
- The high point for year-over-year Interest Coverage Ratio in five years was Q4 2024 (growth of 27.8%); the low point was Q2 2024 (a decline of 50.1%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 5.50 (Q2 2026), 5.93 (Q1 2026) and 7.10 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.70 Bn | 166.77 Bn | 1.47 Bn | 2.75 |
| 2 | Prologis | 122.17 Bn | 120.56 Bn | - | 3.64 |
| 3 | Simon Property | 80.16 Bn | 78.26 Bn | - | 2.80 |
| 4 | Public Storage | 62.28 Bn | 61.73 Bn | 112.08 Mn | 3.09 |
| 5 | Realty Income | 56.35 Bn | 57.74 Bn | - | 2.37 |
| 6 | Ventas | 47.42 Bn | 46.59 Bn | -3.39 Bn | 4.48 |
| 7 | Ryman Hospitality Properties | 47.10 Bn | 45.93 Bn | 266.41 Mn | 1.38 |
| 8 | Vivmark Residential | 37.16 Bn | 36.91 Bn | - | -5.04 |
| 9 | Extra Space Storage | 33.05 Bn | 32.83 Bn | 650.96 Mn | 2.59 |
| 10 | Vici Properties | 27.32 Bn | 26.10 Bn | 1.06 Bn | 2.59 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.09 |
| Jun 30, 2026 | 5.50 |
| Mar 31, 2026 | 5.93 |
| Dec 31, 2025 | -8.04 |
| Sep 30, 2025 | 6.17 |
| Jun 30, 2025 | 6.98 |
| Mar 31, 2025 | 6.44 |
| Dec 31, 2024 | -8.67 |
| Sep 30, 2024 | -8.45 |
| Jun 30, 2024 | -8.38 |
| Mar 31, 2024 | -9.31 |
| Dec 31, 2023 | -8.97 |
| Sep 30, 2023 | -9.37 |
| Jun 30, 2023 | -13.11 |
| Mar 31, 2023 | -14.03 |
| Dec 31, 2022 | -13.31 |
| Sep 30, 2022 | -14.68 |
| Jun 30, 2022 | -14.48 |
| Mar 31, 2022 | -14.58 |
| Dec 31, 2021 | -14.34 |
API Access
Public Storage Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=PSA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "PSA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=PSA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();